The Digital RMB app, which is China's CBDC, has recently launched an express payment feature on WeChat Pay. The app is currently in a pilot phase and enables users to pay using their digital currency wallet, including the Alipay digital currency wallet. Users need to register with the same phone number associated with their WeChat account.
The default maximum limit for a single payment is set at 5,000 yuan, with a daily cumulative payment limit of 10,000 yuan. Users have the option to adjust these limits.
After the app is successfully installed, users can make payments to merchants that support Digital RMB in WeChat, mainly through WeChat mini-programs. Big names like JD, Wumart, McDonald's, and Haidilao have already started supporting payment in digital RMB.
The app is now renamed "Wallet Express Payment" from the previous "sub wallet payment", which refers to using digital currency wallet payment in other merchants or platform applications. The payment function is divided in...
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